Stripe won't accept Bitcoin anymore

Bitcoin has been dealt another blow — Stripe will no longer accept payments with the decentralized cryptocurrency.

It seems like Bitcoin is getting battered this week with its declining value, but Stripe's decision is pretty logical and inevitable.

As the company explained in a blog post, "Bitcoin has evolved to become better-suited to being an asset than being a means of exchange." 

It says the usefulness of the coin as a payment method has decreased and fees are through the roof — transaction fees were above $50 at one point at the height of the Bitcoin bubble late last year. Read more...